# Indonesia c.bank says may hike rates again next week, signals credit concerns

> Bank Indonesia's central bank said on Tuesday it was ready to respond to the Fed's rate moves and might hike again the following week. The rupiah, down about 5% this year, is among Asia's worst-performing currencies amid an emerging-market selloff.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/64836-indonesia-c-bank-says-may-hike-rates-again-next-week-signals-credit-concerns
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Signals of further tightening support the rupiah, which lowers the cost of dollar-denominated feed ingredient imports into Indonesia.

## Read by commodity

- USDIDR: neutral

## Sources

- reuters.com: https://www.reuters.com/article/indonesia-cenbank/update-2-indonesia-c-bank-says-may-hike-rates-again-next-week-signals-credit-concerns-idUSL4N1TL1PP/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.